Technical analysis by EG-FOREX about Symbol PAXG on 9/21/2025

Gold wave (4) on the doors or up to $ 3803? 1️⃣ Basic Screenplay: ☑️ Gold rose in parallel with silver at the end of the session on Friday, but he did not confirm the new silver summit and remains the maximum modern gold level at 3707.65 dollars, which is the highest level during the day Wednesday, September 17. ☑️ The graph shows that Wednesday's summit represents the wave 5 of (3). In this scenario, the gold is supposed to remain without the summit of Wednesday, and start to decline next week with the beginning of the wave (4). ☑️ The wave (4) will be a partial correction of the wave (3), which will lead to a decline in gold in the coming weeks and the short -term goal for the decline is around 3556 dollars, with the possibility of a greater drop after that. 2️⃣ Alternative scenario: ☑️ The wave 4 ended at 3268.18 dollars on July 30, instead of August 20. ☑️ In this scenario, the summit of $ 3707.65 on Wednesday is the summit of the wave of 3 sub -branches, while the bottom represents 3627.97 dollars on Thursday, September 18th, the 4 sub -wave of the wave 5, and it is expected to push gold to the range of 3775 - 3803 dollars before it ends. ☑️ As long as the gold price does not exceed 3707.65 dollars, the alternative scenario will remain less likely